Disney and Other Amusement Parks Have New Rules in the Coronavirus Era

From AARP.com Temperature checks, mask requirements and more Many amusement and theme parks in the United States that closed suddenly in March due to the pandemic have now opened — including biggies such as Disney’s four parks in Orlando, Florida. But across the board, new rules and changes are in effect, such as requiring face coverings unless you’re eating …

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Social Security Shocker: Pandemic to Reduce Benefits by 9% for Americans Turning 60 in 2020

From Kiplinger.com If you are turning 60 in 2020, the pandemic could do more than interrupt your party plans. It could also lower the amount you’ll receive when you file for Social Security. Social Security benefits are based on a worker’s 35 highest years of earnings, which are then indexed to the growth in average wages …

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IRS Clarifies COVID-19 Relief Measures for Retirement Savers

Retirees who took RMDs in 2020 have until August 31, 2020, to roll the money back into a qualified account. This rollover will not affect the one-rollover-per-year rule. The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March 2020 ushered in several measures designed to help IRA and retirement plan account holders cope …

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An amateur investor turned $15,000 into $1 million then lost it all, the latest cautionary tale in the day-trading frenzy

From BusinessInsider.com Robinhood-user Richard Dobatse said he turned $15,000 into $1 million, and then lost everything. He told the New York Times: “They make it so easy for people that don’t know anything about stocks. Then you go there and you start to lose money.” He said he is planning to appeal his case to …

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